Flash Finance

Q3 FY26 quarterly results (October-December 2025)

4,316 companies have declared Q3 FY26 results so far, the latest on 15 Sep 2026.

Across the 3,727 non-financial companies with a year-ago quarter to compare, sales grew +15.1% and net profit +14.8% year on year, and the combined operating margin narrowed 25 bps to 14.1%.

For the 146 banks and lenders, net interest income grew +8.0% and net profit +10.5%.

56% of companies grew net profit; 416 turned a loss into a profit; 37% beat their own profit trend and 48% fell short of it.

Updated 18 Oct 2026, 13:47 IST 4316 declared
The next results season has started: 156 companies have filed results for the quarter ended 30 Sep 2026. See them →

Q3 FY26 scoreboard

Sales growth
+15.1%
YoY, 3727 companies combined; median +8.3%
Net profit growth
+14.8%
YoY combined; median +8.9%
Operating margin
14.1%
-25 bps YoY
Grew profit
56%
416 turnarounds, 346 into loss
Vs own profit trend
37% / 48%
above / below, 15% in line
Banks: NII growth
+8.0%
146 lenders; profit +10.5%
Price since results
-9.5%
median; 0% of 1 stocks up
Other-income heavy
1051
25%+ of pre-tax profit from other income & one-offs

Latest Q3 FY26 results 4316

Page 123 of 144

Orosil Smiths India Ltd

531626 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • FY25 operating cash flow was only 0% of profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales —-100.0% 0.01.00.0
Operating profit —— 0.00.00.0
Other income —— 0.00.00.0
Net profit —— 0.00.00.0
EPS (₹) to lossto loss -0.020.060.01

Quality of profit

Pre-tax profit ₹0.0 Cr: core business ₹0.0 Cr, other income ₹0.0 Cr.

Cash & debt

FY25 cash from operations ₹0.0 Cr: 0% of FY25 net profit of ₹1.0 Cr.

Borrowings ₹1.0 Cr at Mar 2025.

Tejassvi Aaharam Ltd

531628 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin expanded 310 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +753.0%+34.3% 30.122.43.5
Operating profit from lossfrom loss 0.1-0.1-0.1
OPM % +310 bps+85 bps 0.3%-0.6%-2.8%
Other income —— 0.00.00.0
Net profit loss narrowedloss narrowed -0.1-0.3-0.2
PAT margin % +515 bps+115 bps -0.2%-1.4%-5.4%

Quality of profit

Pre-tax profit −₹0.1 Cr: core business −₹0.1 Cr, other income ₹0.0 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY25 cash from operations −₹0.7 Cr.

Borrowings ₹6.5 Cr at Mar 2025.

Silver Oak India Ltd

531635 · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -100.0%— 0.00.01.2
Operating profit loss widenedloss widened -0.5-0.1-0.1
Other income +11.1%+100.0% 0.50.20.5
Net profit? loss widenedloss widened -0.6-0.1-0.1
EPS (₹) loss widenedloss widened -1.45-0.58-0.47

Quality of profit

Pre-tax profit −₹0.5 Cr: core business −₹1.0 Cr, other income ₹0.5 Cr.

Core profit YoY: loss widened

Cash & debt

FY25 cash from operations ₹1.5 Cr.

Borrowings ₹8.9 Cr at Mar 2025.

Praveg Ltd

531637 · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit -44% below its own trend
  • Operating margin contracted 1053 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +66.6%+141.2% 90.537.554.3
Operating profit +22.3%+627.1% 26.23.621.5
OPM % -1053 bps+1939 bps 29.0%9.6%39.6%
Other income -56.7%-23.5% 0.30.30.6
Net profit? -5.9%from loss 9.9-9.210.6
PAT margin % -846 bps+3557 bps 11.0%-24.6%19.4%
EPS (₹) +0.9%from loss 3.55-3.703.52

Quality of profit

Core 98%Other income & one-offs 2%

Pre-tax profit ₹10.9 Cr: core business ₹10.6 Cr, other income ₹0.3 Cr.

Core profit YoY: -16.6% · reported profit -5.9%

Cash & debt

FY25 cash from operations ₹33.0 Cr: 206% of FY25 net profit of ₹16.1 Cr.

Borrowings ₹77.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹90.2₹90.5 +0.2% in line
Net profit₹17.6₹9.9 -43.5% below
📊 Investor presentation (14 Aug)

Prabhatam Infra Venture Venture

531647 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales —— 0.00.00.0
Operating profit loss widenedloss widened -0.1-0.0-0.0
Other income —— 0.00.00.0
Net profit loss widenedloss widened -0.3-0.1-0.0
EPS (₹) loss widenedloss widened -0.15-0.03-0.08

Quality of profit

Pre-tax profit −₹0.3 Cr: core business −₹0.3 Cr, other income ₹0.0 Cr.

Core profit YoY: loss widened

Cash & debt

FY25 cash from operations −₹0.1 Cr.

Borrowings ₹1.3 Cr at Mar 2025.

National General Industries Ltd

531651 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +50% above its own trend
  • Operating margin contracted 1554 bps YoY
  • All of pre-tax profit came from other income or one-off items
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +3.8%+29.4% 2.72.12.6
Operating profit to lossloss narrowed -0.3-0.50.1
OPM % -1554 bps+1092 bps -11.4%-22.3%4.2%
Other income +63.9%+37.2% 0.60.40.4
Net profit -25.0%from loss 0.1-0.20.2
PAT margin % -211 bps+1545 bps 5.5%-10.0%7.6%
EPS (₹) -8.3%from loss 0.33-0.380.36

Quality of profit

Pre-tax profit ₹0.2 Cr: core business −₹0.4 Cr, other income ₹0.6 Cr.

Core profit YoY: loss widened · reported profit -25.0%

Cash & debt

FY25 cash from operations −₹0.3 Cr: -30% of FY25 net profit of ₹0.9 Cr.

Borrowings ₹0.4 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹2.1₹2.7 +30.4% above
Net profit₹0.1₹0.1 +50.0% above

Abate As Industries Ltd

531658 · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales —+1.3% 42.742.10.0
Operating profit from loss+2.1% 3.93.9-0.0
OPM % —+7 bps 9.2%9.1%—
Other income —-94.7% 0.11.10.0
Net profit? from loss-24.8% 3.14.1-0.0
PAT margin % —-249 bps 7.2%9.7%—
EPS (₹) from loss-26.9% 0.190.26-0.02

Quality of profit

Core 98%Other income & one-offs 2%

Pre-tax profit ₹3.3 Cr: core business ₹3.3 Cr, other income ₹0.1 Cr.

Core profit YoY: from loss

Cash & debt

FY25 cash from operations −₹1.0 Cr: -91% of FY25 net profit of ₹1.1 Cr.

Borrowings ₹11.0 Cr at Mar 2025.

Hittco Tools Ltd

531661 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 1204 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +23.2%-6.4% 1.92.01.6
Operating profit —loss widened -0.2-0.00.0
OPM % -1204 bps-1008 bps -12.0%-2.0%0.0%
Other income —-100.0% 0.00.00.0
Net profit loss widenedloss widened -0.3-0.2-0.2
PAT margin % -329 bps-136 bps -13.6%-12.3%-10.3%
EPS (₹) loss widenedloss widened -0.42-0.41-0.26

Quality of profit

Pre-tax profit −₹0.3 Cr: core business −₹0.3 Cr, other income ₹0.0 Cr.

Core profit YoY: loss widened

Cash & debt

FY25 cash from operations ₹0.1 Cr.

Borrowings ₹4.8 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹2.1₹1.9 -11.1% below

Yuvraaj Hygiene Products Ltd

531663 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -85% below its own trend
  • Operating margin contracted 373 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -51.7%-9.2% 9.09.918.7
Operating profit -63.3%-38.4% 1.11.72.9
OPM % -373 bps-557 bps 11.7%17.3%15.5%
Other income —— 0.00.00.0
Net profit -78.2%-53.0% 0.61.22.5
PAT margin % -740 bps-568 bps 6.1%11.8%13.5%
EPS (₹) -78.6%-53.8% 0.060.130.28

Quality of profit

Core 100%Other income & one-offs 0%

Pre-tax profit ₹0.6 Cr: core business ₹0.6 Cr, other income ₹0.0 Cr.

Core profit YoY: -78.2% · reported profit -78.2%

Cash & debt

FY25 cash from operations ₹5.7 Cr: 97% of FY25 net profit of ₹5.9 Cr.

Borrowings ₹7.4 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹27.1₹9.0 -66.6% below
Net profit₹3.8₹0.6 -85.3% below

RR MetalMakers India Ltd

531667 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Into loss: a profit a year ago
  • Profit -635% below its own trend
  • Operating margin contracted 3966 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +17.4%-44.2% 12.923.111.0
Operating profit to lossto loss -3.10.91.7
OPM % -3966 bps-2821 bps -24.4%3.9%15.3%
Other income -22.2%-50.0% 0.10.10.1
Net profit to lossto loss -3.80.20.7
PAT margin % -3548 bps-3055 bps -29.6%1.0%5.9%
EPS (₹) to lossto loss -4.230.260.72

Quality of profit

Pre-tax profit −₹3.8 Cr: core business −₹3.9 Cr, other income ₹0.1 Cr.

Core profit YoY: to loss

Cash & debt

FY25 cash from operations ₹10.7 Cr: 635% of FY25 net profit of ₹1.7 Cr.

Borrowings ₹9.2 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹7.9₹12.9 +62.2% above
Net profit₹0.7−₹3.8 -635.2% below

Karnawati Innovation

531671 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • FY25 operating cash flow was only 27% of profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales —+257.4% 71.520.00.0
Operating profit from loss+14.9% 1.91.6-0.0
OPM % —-546 bps 2.6%8.1%—
Other income —— 0.00.00.0
Net profit from loss+14.9% 1.91.6-0.0
PAT margin % —-546 bps 2.6%8.1%—
EPS (₹) —+0.0% 0.030.030.00

Quality of profit

Core 100%Other income & one-offs 0%

Pre-tax profit ₹1.9 Cr: core business ₹1.9 Cr, other income ₹0.0 Cr.

Core profit YoY: from loss

Cash & debt

FY25 cash from operations ₹0.0 Cr: 27% of FY25 net profit of ₹0.1 Cr.

Borrowings ₹0.0 Cr at Sep 2025, against ₹0.0 Cr at Mar 2025.

Inani Securities Ltd

531672 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -62% below its own trend
  • Operating margin contracted 2963 bps YoY
  • All of pre-tax profit came from other income or one-off items
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -10.0%+8.0% 0.30.20.3
Operating profit —loss widened -0.1-0.00.0
OPM % -2963 bps-2163 bps -29.6%-8.0%0.0%
Other income -4.5%+31.2% 0.20.20.2
Net profit -66.7%+0.0% 0.00.00.1
PAT margin % -1259 bps-59 bps 7.4%8.0%20.0%
EPS (₹) -69.2%+0.0% 0.040.040.13

Quality of profit

Pre-tax profit ₹0.0 Cr: core business −₹0.2 Cr, other income ₹0.2 Cr.

Core profit YoY: loss widened · reported profit -66.7%

Cash & debt

FY25 cash from operations −₹1.1 Cr: -189% of FY25 net profit of ₹0.6 Cr.

Borrowings ₹1.3 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹0.2₹0.3 +32.1% above
Net profit₹0.1₹0.0 -61.8% below

Anka India Ltd

531673 · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Operating margin expanded 1124 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -19.4%-29.8% 3.95.64.9
Operating profit from loss-17.5% 0.30.4-0.1
OPM % +1124 bps+125 bps 8.4%7.1%-2.9%
Other income -54.8%-33.3% 0.10.20.3
Net profit? loss narrowedto loss -0.00.1-0.4
PAT margin % +701 bps-254 bps -0.8%1.8%-7.8%
EPS (₹) loss narrowedto loss -0.010.02-0.25

Quality of profit

Pre-tax profit ₹0.1 Cr: core business −₹0.0 Cr, other income ₹0.1 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY25 cash from operations ₹1.0 Cr.

Borrowings ₹3.7 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹9.8₹3.9 -59.7% below

Emrock Corporation Ltd

531676 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +999% above its own trend
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales —+15.6% 0.50.50.0
Operating profit from loss+56.7% 0.50.3-0.0
OPM % —+2372 bps 90.4%66.7%—
Other income +25.0%+0.0% 0.10.10.0
Net profit —+52.0% 0.40.20.0
PAT margin % —+1752 bps 73.1%55.6%—
EPS (₹) —— 0.24——

Quality of profit

Core 90%Other income & one-offs 10%

Pre-tax profit ₹0.5 Cr: core business ₹0.5 Cr, other income ₹0.1 Cr.

Core profit YoY: from loss

Cash & debt

FY25 cash from operations −₹1.0 Cr: -533% of FY25 net profit of ₹0.2 Cr.

Borrowings ₹0.9 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Net profit₹0.0₹0.4 +999.0% above

Aris International Ltd

531677 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin expanded 10000 bps YoY
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +150.0%+25.0% 0.10.00.0
Operating profit —from loss 0.1-0.00.0
OPM % +10000 bps+12500 bps 100.0%-25.0%0.0%
Other income —— 0.00.00.0
Net profit —from loss 0.1-0.00.0
PAT margin % +10000 bps+12500 bps 100.0%-25.0%0.0%
EPS (₹) —from loss 0.33-0.070.00

Quality of profit

Core 100%Other income & one-offs 0%

Pre-tax profit ₹0.1 Cr: core business ₹0.1 Cr, other income ₹0.0 Cr.

Cash & debt

FY25 cash from operations −₹0.4 Cr: -1025% of FY25 net profit of ₹0.0 Cr.

Borrowings ₹0.1 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹0.0₹0.1 +25.0% above

Mayur Leather Products Ltd

531680 · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • All of pre-tax profit came from other income or one-off items
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales —— 0.00.00.0
Operating profit loss widenedloss narrowed -0.1-0.1-0.1
Other income +350.0%-56.1% 0.40.80.1
Net profit? from loss-57.1% 0.30.6-0.0
EPS (₹) from loss-56.9% 0.561.30-0.08

Quality of profit

Pre-tax profit ₹0.3 Cr: core business −₹0.1 Cr, other income ₹0.4 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY25 cash from operations −₹0.8 Cr: -3750% of FY25 net profit of ₹0.0 Cr.

Borrowings ₹3.9 Cr at Mar 2025.

Amerise Biosciences Ltd

531681 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales —-42.9% 0.00.10.0
Operating profit from lossfrom loss 0.0-0.0-0.0
OPM % —+8214 bps 25.0%-57.1%—
Other income —— 0.00.00.0
Net profit from lossfrom loss 0.0-0.0-0.0
PAT margin % —+8214 bps 25.0%-57.1%—
EPS (₹) —loss narrowed 0.00-0.010.00

Quality of profit

Core 100%Other income & one-offs 0%

Pre-tax profit ₹0.0 Cr: core business ₹0.0 Cr, other income ₹0.0 Cr.

Core profit YoY: from loss

Cash & debt

FY25 cash from operations ₹3.1 Cr: 30700% of FY25 net profit of ₹0.0 Cr.

Borrowings nil at Mar 2025.

Frontline Financial Services Ltd

531685 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin expanded 9756 bps YoY
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales —-52.9% 0.40.90.0
Operating profit loss narrowedto loss -0.00.0-0.0
OPM % +9756 bps-359 bps -2.4%1.1%-100.0%
Other income —— 0.00.00.0
Net profit loss narrowedto loss -0.00.0-0.0
PAT margin % +9756 bps-359 bps -2.4%1.1%-100.0%

Quality of profit

Pre-tax profit −₹0.0 Cr: core business −₹0.0 Cr, other income ₹0.0 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY25 cash from operations −₹0.2 Cr: -200% of FY25 net profit of ₹0.1 Cr.

Borrowings ₹0.2 Cr at Sep 2025, against ₹0.2 Cr at Mar 2025 (+0%).

Against its own trend ?

TrendActualGap
Sales₹0.0₹0.4 +925.0% above

Prithvi Exchange (India) Ltd

531688 · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit +91% above its own trend
  • 63% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -54%)
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +27.4%-10.7% 9131,021716
Operating profit -36.3%-61.8% 0.61.50.9
OPM % -6 bps-9 bps 0.1%0.1%0.1%
Other income +104.0%+30.8% 0.50.40.2
Net profit? -4.3%-46.3% 0.71.20.7
PAT margin % -2 bps-5 bps 0.1%0.1%0.1%
EPS (₹) -4.8%-46.3% 0.801.490.84

Quality of profit

Core 37%Other income & one-offs 63%

Pre-tax profit ₹0.8 Cr: core business ₹0.3 Cr, other income ₹0.5 Cr.

Core profit YoY: -53.8% · reported profit -4.3%

Cash & debt

FY25 cash from operations −₹1.0 Cr: -12% of FY25 net profit of ₹8.0 Cr.

Borrowings ₹4.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹555₹913 +64.5% above
Net profit₹0.3₹0.7 +91.3% above
📊 Investor presentation (08 Aug)

Rainbow Foundations Ltd

531694 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -58% below its own trend
  • Core business grew faster than reported profit (core profit +16%)
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +12.3%+10.3% 38.434.834.2
Operating profit +16.2%+13.6% 10.89.59.3
OPM % +96 bps+81 bps 28.2%27.4%27.2%
Other income to lossto loss -0.50.20.3
Net profit -52.6%-34.8% 0.71.11.5
PAT margin % -260 bps-132 bps 1.9%3.2%4.5%
EPS (₹) -51.6%-34.8% 0.150.230.31

Quality of profit

Pre-tax profit ₹1.2 Cr: core business ₹1.8 Cr, other income −₹0.5 Cr.

Core profit YoY: +15.8% · reported profit -52.6%

Cash & debt

FY25 cash from operations −₹81.0 Cr: -1133% of FY25 net profit of ₹7.2 Cr.

Borrowings ₹583 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹43.5₹38.4 -11.7% below
Net profit₹1.7₹0.7 -57.9% below

Panchsheel Organics Ltd

531726 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +18% above its own trend
  • Operating margin contracted 316 bps YoY
  • 26% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -20%)
  • FY25 operating cash flow was only 28% of profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +1.9%+5.6% 26.725.326.2
Operating profit -16.7%+8.0% 3.83.54.5
OPM % -316 bps+32 bps 14.1%13.8%17.3%
Other income +10.4%+65.6% 1.10.61.0
Net profit +0.3%+41.0% 3.72.63.7
PAT margin % -22 bps+346 bps 13.8%10.3%14.0%
EPS (₹) +0.0%+40.9% 2.791.982.79

Quality of profit

Core 74%Other income & one-offs 26%

Pre-tax profit ₹4.2 Cr: core business ₹3.1 Cr, other income ₹1.1 Cr.

Core profit YoY: -20.4% · reported profit +0.3%

Cash & debt

FY25 cash from operations ₹4.0 Cr: 28% of FY25 net profit of ₹14.1 Cr.

Borrowings ₹5.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹24.1₹26.7 +10.8% above
Net profit₹3.1₹3.7 +18.5% above

Menon Pistons Ltd

531727 · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +20.6%+2.1% 76.174.563.1
Operating profit +19.1%-0.5% 12.512.610.5
OPM % -21 bps-43 bps 16.5%16.9%16.7%
Other income -70.7%-64.9% 0.30.80.9
Net profit? +10.5%-7.5% 6.47.05.8
PAT margin % -77 bps-87 bps 8.4%9.3%9.2%
EPS (₹) +10.5%-7.4% 1.261.361.14

Quality of profit

Core 97%Other income & one-offs 3%

Pre-tax profit ₹9.1 Cr: core business ₹8.8 Cr, other income ₹0.3 Cr.

Core profit YoY: +29.8% · reported profit +10.5%

Cash & debt

FY25 cash from operations ₹39.0 Cr: 164% of FY25 net profit of ₹23.9 Cr.

Borrowings ₹17.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹69.6₹76.1 +9.3% above
Net profit₹6.2₹6.4 +3.5% in line

Greencrest Financial Services Ltd

531737 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +43% above its own trend
  • Operating margin expanded 1184 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -43.3%+124.4% 12.75.722.4
Operating profit +29.6%+27.1% 2.72.12.1
OPM % +1184 bps-1611 bps 21.1%37.2%9.2%
Other income —— 0.00.00.0
Net profit -13.8%-21.4% 0.81.00.9
PAT margin % +218 bps-1184 bps 6.4%18.2%4.2%
EPS (₹) -33.3%-33.3% 0.020.030.03

Quality of profit

Core 96%Other income & one-offs 4%

Pre-tax profit ₹1.1 Cr: core business ₹1.0 Cr, other income ₹0.0 Cr.

Core profit YoY: -18.1% · reported profit -13.8%

Cash & debt

FY25 cash from operations ₹6.3 Cr: 515% of FY25 net profit of ₹1.2 Cr.

Borrowings ₹45.1 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹18.7₹12.7 -32.1% below
Net profit₹0.6₹0.8 +43.1% above

Gennex Laboratories Ltd

531739 · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit +13% above its own trend
  • Operating margin expanded 208 bps YoY
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +7.4%+9.3% 43.039.340.0
Operating profit +19.9%+13.4% 8.67.67.2
OPM % +208 bps+71 bps 19.9%19.2%17.9%
Other income —— -0.30.00.0
Net profit? +18.6%+8.9% 6.05.55.1
PAT margin % +132 bps-5 bps 14.0%14.0%12.6%
EPS (₹) +10.0%+4.8% 0.220.210.20

Quality of profit

Pre-tax profit ₹6.6 Cr: core business ₹6.9 Cr, other income −₹0.3 Cr.

Core profit YoY: +19.4% · reported profit +18.6%

Cash & debt

FY25 cash from operations −₹11.0 Cr: -61% of FY25 net profit of ₹18.2 Cr.

Borrowings ₹10.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹47.7₹43.0 -9.9% below
Net profit₹5.3₹6.0 +13.0% above

Hira Automobiles Ltd

531743 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +47% above its own trend
  • Operating margin contracted 143 bps YoY
  • 27% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +6.8%+101.5% 53.826.750.3
Operating profit -22.3%-2.8% 2.12.12.6
OPM % -143 bps-412 bps 3.8%7.9%5.3%
Other income +300.0%+300.0% 0.00.00.0
Net profit -26.7%+22.2% 0.10.10.1
PAT margin % -9 bps-13 bps 0.2%0.3%0.3%
EPS (₹) -25.9%+21.2% 0.400.330.54

Quality of profit

Core 73%Other income & one-offs 27%

Pre-tax profit ₹0.1 Cr: core business ₹0.1 Cr, other income ₹0.0 Cr.

Core profit YoY: -38.9% · reported profit -26.7%

Cash & debt

FY25 cash from operations ₹8.0 Cr: 1026% of FY25 net profit of ₹0.8 Cr.

Borrowings ₹86.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹27.7₹53.8 +93.9% above
Net profit₹0.1₹0.1 +46.7% above

Gini Silk Mills Ltd

531744 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +19% above its own trend
  • Operating margin contracted 432 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -4.6%-17.1% 8.910.89.3
Operating profit to lossto loss -0.10.70.3
OPM % -432 bps-693 bps -0.8%6.1%3.5%
Other income +148.6%+61.4% 0.90.60.4
Net profit -37.1%-78.0% 0.21.00.3
PAT margin % -128 bps-683 bps 2.5%9.3%3.7%
EPS (₹) -38.1%-78.2% 0.391.790.63

Quality of profit

Pre-tax profit ₹0.4 Cr: core business −₹0.5 Cr, other income ₹0.9 Cr.

Core profit YoY: loss widened · reported profit -37.1%

Cash & debt

FY25 cash from operations ₹1.8 Cr: 101% of FY25 net profit of ₹1.8 Cr.

Borrowings ₹4.2 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹9.0₹8.9 -1.3% in line
Net profit₹0.2₹0.2 +19.2% above

Biogen Pharmachem Industries Ltd

531752 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales —— 0.50.00.0
Operating profit from lossfrom loss 0.5-0.4-0.5
OPM % —— 85.2%——
Other income -100.0%loss narrowed 0.0-0.10.2
Net profit from lossfrom loss 0.5-0.5-0.3
PAT margin % —— 85.2%——
EPS (₹) —— 0.000.000.00

Quality of profit

Core 100%Other income & one-offs 0%

Pre-tax profit ₹0.5 Cr: core business ₹0.5 Cr, other income ₹0.0 Cr.

Core profit YoY: from loss

Cash & debt

FY25 cash from operations −₹1.1 Cr.

Borrowings nil at Mar 2025.

Unjha Formulations Ltd

531762 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +95% above its own trend
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +18.1%+3.5% 4.44.33.8
Operating profit +16.7%-64.6% 0.30.80.2
OPM % -8 bps-1211 bps 6.3%18.4%6.4%
Other income -100.0%-100.0% 0.00.10.0
Net profit +9.1%-70.7% 0.20.80.2
PAT margin % -45 bps-1371 bps 5.4%19.1%5.9%
EPS (₹) +10.2%-70.5% 0.541.830.49

Quality of profit

Pre-tax profit ₹0.2 Cr: core business ₹0.2 Cr, other income ₹0.0 Cr.

Core profit YoY: +9.1% · reported profit +9.1%

Cash & debt

FY25 cash from operations −₹0.0 Cr: -10% of FY25 net profit of ₹0.4 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹3.0₹4.4 +48.4% above
Net profit₹0.1₹0.2 +94.6% above

Shraddha Prime Projects Ltd

531771 · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit +26% above its own trend
  • Operating margin contracted 950 bps YoY
  • Core business grew faster than reported profit (core profit +82%)
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +193.2%-3.7% 12913444.0
Operating profit +81.8%+66.7% 20.012.011.0
OPM % -950 bps+655 bps 15.5%9.0%25.0%
Other income -100.0%-100.0% 0.04.01.0
Net profit? +44.4%+62.5% 13.08.09.0
PAT margin % -1038 bps+411 bps 10.1%6.0%20.5%
EPS (₹) +50.7%+56.9% 3.392.162.25

Quality of profit

Core 100%Other income & one-offs 0%

Pre-tax profit ₹20.0 Cr: core business ₹20.0 Cr, other income ₹0.0 Cr.

Core profit YoY: +81.8% · reported profit +44.4%

Cash & debt

FY25 cash from operations −₹75.0 Cr: -300% of FY25 net profit of ₹25.0 Cr.

Borrowings ₹189 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹84.0₹129 +53.6% above
Net profit₹10.3₹13.0 +26.4% above
📊 Investor presentation (13 Aug)

Kachchh Minerals Ltd

531778 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales —— 0.00.00.0
Operating profit —loss narrowed -0.0-0.8-0.0
Other income —— 0.00.00.0
Net profit loss narrowedloss narrowed -0.1-0.8-0.1
EPS (₹) loss narrowedloss narrowed -0.11-1.55-0.13

Quality of profit

Pre-tax profit −₹0.1 Cr: core business −₹0.1 Cr, other income ₹0.0 Cr.

Core profit YoY: loss widened

Cash & debt

FY25 cash from operations −₹0.0 Cr.

Borrowings ₹0.2 Cr at Mar 2025.

How to read this page

The numbers. Each card is one company's Q3 FY26 results as filed with NSE or BSE, read from the filing within hours of its release, in ₹ crore. We show the consolidated statement, or the standalone one when the consolidated figures are a copy of it or have no year-ago quarter to compare with. YoY compares with the same quarter a year earlier and QoQ with the quarter before (the previous half-year for companies that report every six months). A swing between profit and loss is described in words: a percentage across it would mislead.

Net profit. On a consolidated statement, net profit is the profit of the whole group for the quarter, before minority interest. A company's own headline, and the AI read of its filing, often quote the profit attributable to its shareholders instead, which is lower when subsidiaries are partly owned: Larsen & Toubro's Q1 FY27 group profit was ₹4,988 Cr, of which ₹4,123 Cr belonged to its shareholders. EPS is worked out on that attributable profit, so EPS and net profit need not grow at the same rate. On a standalone statement the two are the same.

Margins. Operating margin (OPM) is operating profit, before depreciation, interest and other income, as a share of sales; PAT margin is net profit as a share of sales. Their changes are in basis points (100 bps = 1 percentage point).

Quality of profit. Core profit is operating profit minus interest and depreciation: what the business itself earned before tax. The rest of pre-tax profit is other income (interest on cash, dividends, gains on investments) and exceptional or one-off items. We flag a quarter when that share is 25% or more, and when reported profit grew much faster than core profit. For banks we compare pre-provision profit with net profit, since a fall in provisions can lift profit without the business growing.

Against its own trend. We do not have analyst consensus estimates, and we do not make them up. Instead each company is measured against the path it was on: the same quarter last year, grown at the median of its last four year-on-year growth rates (held between −50% and +100%; at least two growth rates needed). Sales 5% or more above that, or net profit 10% or more above, is "above trend"; as far below is "below trend". It answers "was this quarter better or worse than the company's own recent run?", which consensus does not.

Cash and debt. Profit is an accounting figure; cash is harder to dress up. For each company we show its operating cash flow for the last financial year as a share of that year's net profit (flagged under 50%, or when it is negative despite a profit), and its borrowings at the latest balance sheet against the one six months earlier (flagged at a 25% move). Balance sheets come with the September and March results, the year's cash-flow statement with the March results and the half-year's (April to September) with the September results.

Management guidance. When a company files the transcript of its earnings call, we read what its management said to expect: revenue or profit growth, margins, capex and the like, for this financial year or part of it. A figure is kept only when the sentence that states it is found in the transcript, and you can read it under "What management said". Growth and margins are then set beside the actual so far: the year-to-date quarters against the same quarters a year earlier (so the first half is measured against a full-year figure). Within 1 percentage point of the range for growth, or 0.5 for margins, is "on track"; above it "ahead", below it "behind". A new figure for the same period is marked raised or cut against the one before. This is what management said, not a forecast of ours.

Working capital. Inventory, trade receivables and trade payables from the same balance sheets, each also as days of sales (the amount against the twelve months' sales to that date, times 365). Receivables or inventory that grow 25 points or more faster than sales between two balance sheets (and by at least 20%) are flagged: money tied up in customers and stock is profit not yet in cash. These lines are read from filings since the September 2026 results, so comparisons with an earlier balance sheet start with the March 2027 results for most companies.

Price since results. The latest close against the last close before the filing (a filing after 3:30 pm counts from the next session). It is a fact about the market's reaction, not advice.

Market cap groups. Large cap is the 100 largest companies by market value and mid cap the next 150 (SEBI's ranking); below that, small cap is ₹5,000 Cr or more, micro cap ₹500 Cr or more, nano cap below.

Results calendarWho reports results today, tomorrow and this week. Strong quarterly resultsCompanies whose latest quarter showed profit up 30% or more. Live announcementsEvery NSE/BSE filing with an AI read, as it arrives. Company fundamentalsTen years of quarterly and annual financials.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI